Huge 500k Price Reduction! 14 existing Renovated units + plans for 20 new units cash flowing at an amazing current Cap Rate of 7% from day 1. Attractive 2.6M assumable loan at an incredibly low rate of 3.9% fixed through 09/01/2027 yielding a remarkable 10% cash-on-cash return. Preliminary plans to add 20 new units to achieve an unheard of 12.7% Cap Rate, 6.2 GRM, and only 159k/unit after taking into account all the construction costs (~1.7M assuming $250/SF). The plans call for 8 detached ADUs in the back + 5 attached ADUs in the front + 7 new units in the front for a total of 20 new units. The 14 existing units have undergone many capital improvements including updated roof, electrical, plumbing, windows, interiors, exteriors, etc.
Lot/land
Price cut: $250K (8/22)
$3,700,000
10028 San Fernando Rd #34, Pacoima, CA 91331
--beds
--baths
9,003.85Square Feet
Unimproved Land
Built in ----
9,003.85 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 37 days
- on Zillow |
- 38 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: August 26, 2025 at 09:26am
Listed by:
Julio Ruiz DRE # 01911261 818-524-0706,
Global Platinum Properties, Inc. 424-394-1030
Source: CLAW,MLS#: 25568133

Travel times
- Loading